RefundtalkOpening Day for the IRS is Today January 24, 2022. The Internal Revenue Service has set the opening day for the 2022 tax filing season for Monday, Jan. 24, 2022. That’s the day the IRS will begin accepting and processing 2021 tax year returns. IRS Free File, which allows taxpayers who made $73,000 or less to file…
Category Archives: Tax Return Filing
IRS Free File Opens Jan. 14, 2022!
IRS Free File – online tax preparation products available at no charge – January 14, 2022, giving taxpayers an early opportunity to claim credits like the Recovery Rebate Credit and other deductions, the Internal Revenue Service announced. Most taxpayers can get an early start on their federal tax returns as IRS Free File – featuring brand-name online…
Tax season is set to begin two weeks earlier in 2022!
The deadline for tax returns to be filed is Monday, April 18 this year, three days later than the normal April 15 deadline for filing taxes. The later date is a result of an Emancipation Holiday in the District of Columbia. By law, in Washington, D.C., holidays impact tax deadlines for everyone the same way…
IRS Opening Day for 2022 Tax Season
The Internal Revenue Service has announced that the nation’s tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. The Internal Revenue Service announced that the nation’s tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting…
Challenges for the 2022 Tax Filing Season
Taxpayers and the Internal Revenue Service (IRS) are set to face a bumpy 2022 tax filing season, which the IRS announced will begin January 24th and run through April 18th. Two major challenges await taxpayers: a second year of navigating pandemic-related tax relief on their returns and IRS backlogs that may delay processing and refunds. Over the…
Get ready for taxes: What’s new and what to consider when filing taxes in 2022
The Internal Revenue Service today encouraged taxpayers to take important actions this month to help them file their federal tax returns in 2022, including special steps related to Economic Impact Payments and advance Child Tax Credit payments. This is the second in a series of reminders to help taxpayers get ready for the upcoming tax…
What taxpayers can do now to get ready to file taxes in 2022
There are steps people, including those who received stimulus payments or advance child tax credit payments, can take now to make sure their tax filing experience goes smoothly in 2022. They can start by visiting the Get Ready page on IRS.gov. Here are some other things they should do to prepare to file their tax return. Gather and organize…
Do I Claim Zero, One, Two W-4 Allowances?
The last thing you want to do is frantically run up to your boss asking “How many allowances do I claim on my W-4?”. Being aware of the number of allowances you are claiming on a Form W-4 [Employee’s Withholding Allowance Certificate] is important for a variety of reasons. Most importantly, the number of allowances you claim on a…
Why it’s important that taxpayers know and understand their correct filing status
A taxpayer’s filing status defines the type of tax return form they should use when filing their taxes. Filing status can affect the amount of tax they owe, and it may even determine if they have to file a tax return at all. There are five IRS filing statuses. They generally depend on the taxpayer’s…
Filing a Tax Extension
Even with the extended tax filing deadline this year, some taxpayers may still have needed extra time to file their taxes. Most tax software companies make it easy to file Form 4868 to ensure their clients get the extension they need. Is it too late for my client to file a tax extension? Forms for filing…
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